Airport Amends Hotel Ground Lease with Extension Option

Scope & details

The full contract record, as filed.

Contract amount

One-time transaction fee of $100,000 (if option exercised and FAA approves)

Contract type

FACILITIES

Contract term

Existing ground lease currently expires December 31, 2064; proposed option to extend term to 50 years from date of tenant’s qualifying closing before December 31, 2026

Renewal date

2064-12-31

Renewal

Amendment creates an optional lease extension to a 50-year term from a qualifying closing before December 31, 2026, contingent on FAA approval and a Property Improvement Plan; current lease term runs through December 31, 2064.

Document type

Agenda

Source document

Piedmont Triad Airport Authority Board Meeting Agenda April 2026

Related contracts

Other contracts from Hv Greensboro Ventures Llc.

View all →

Piedmont Triad Airport Authority Board Meeting Minutes March 2026

AMENDED

Piedmont Triad International Airport, North Carolina$100,000 one-time transaction fee if option exercisedMar 24, 2026

Piedmont Triad Airport Authority Board Meeting Agenda March 2026

PENDING

Piedmont Triad International Airport, North CarolinaOne-time $100,000 transaction fee (if option exercised)Mar 24, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Piedmont Triad International Airport?

Hv Greensboro Ventures Llc was awarded this facilities contract by Piedmont Triad International Airport, as recorded on April 28, 2026. The contract value is One-time transaction fee of $100,000 (if option exercised and FAA approves).

How much is the Hv Greensboro Ventures Llc contract with Piedmont Triad International Airport worth?

The Hv Greensboro Ventures Llc contract with Piedmont Triad International Airport is valued at One-time transaction fee of $100,000 (if option exercised and FAA approves), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Piedmont Triad Airport Authority Board Meeting Agenda April 2026 (Agenda), dated April 28, 2026 from Piedmont Triad International Airport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hv Greensboro Ventures Llc hold?

Hv Greensboro Ventures Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Hv Greensboro Ventures Llc's profile

What is Piedmont Triad International Airport currently buying?

Explore Piedmont Triad International Airport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Piedmont Triad International Airport's profile